The winning lottery ticket for Maryland in the October 21, 2020 Powerball drawing was sold at the 7-Eleven store located at 9122 Woodsboro Pike in Walkersville. The ticket matched all 5 white balls and the Powerball and was worth $50,000.
It is the third Powerball jackpot winner in Maryland this year and the second in Frederick County. The ticket holder has yet to come forward, so the identity of the winner has not been revealed.
Did anybody hit the Powerball in Maryland?
Yes, a single ticket holder in Maryland matched all six Powerball numbers on January 1, 2021 to win the jackpot of $731. 1 Million. The winning ticket was sold at the Coney Market in Millersville, Maryland, and the winner has since come forward to claim their prize.
The winner opted to take the cash option of $546. 8 million and will get to keep $395. 7 million after taxes. This jackpot is the fourth largest Powerball jackpot of all time and the largest single-ticket winning jackpot in Maryland Lottery history.
This was the second Powerball jackpot that has been won in Maryland, after the Nov. 28, 2015, drawing that was won by two lucky ticket holders.
Where was the winning Powerball purchased?
The winning Powerball ticket was purchased at the Speedway in Milford, NH, on December 25th, 2020. The store will receive a $50,000 bonus for selling the winning ticket. Winner numbers were 12, 29, 30, 33, and 61, with a Powerball of 26.
The drawing took place at 10:59 pm Eastern Standard Time. The estimated Powerball Jackpot was estimated to be $345. 2 million – the fourth-largest in history – with cash options worth $212. 3 million.
The winner has yet to come forward and claim their winnings.
So far, the only information released is that the ticket was purchased at the Speedway in Milford, NH and the jackpot has officially been won.
Who won the Powerball on Jan 5?
No one won the January 5, 2021 Powerball jackpot. No one matched all five white balls and the Powerball, so the jackpot for the January 9, 2021 drawing is estimated to be $347 million annuity, or $243.
8 million cash-value. The winning numbers for the January 5 drawing were 6, 11, 15, 38, 43 and the Powerball was 14. 14 players won $50,000 by matching four white balls and the Powerball. Additionally, 209 people won $100 by matching four white balls without the Powerball.
Has the Powerball jackpot been claimed?
No, the current Powerball jackpot has not yet been claimed. The last Powerball drawing was on January 20th, 2021, and the winning numbers were 8, 24, 46, 58, 63, and Powerball 16. The estimated jackpot for the drawing was $730 million – the fourth-largest in the history of Powerball.
No one matched all six numbers, so the jackpot rolled over and will continue to roll over until someone does match all six. So far, the jackpot has grown to an estimated $730. 5 million, and the next drawing will be January 23rd, 2021.
How many numbers do you need to win $1 million on Powerball?
In order to win the Powerball jackpot of $1 million, you must correctly match 5 out of the 6 numbers drawn. These numbers consist of 5 white balls, numbered from 1 to 69, and 1 red ball, numbered from 1 to 26.
The highest possible jackpot with Powerball is $1 billion and requires 6 matching numbers correctly.
When playing the Powerball lottery, you can purchase a ticket with your chosen numbers or with a randomly generated set of numbers. You will then receive a Powerball number, which is the red ball that was drawn.
The five white ball numbers and the Powerball number chosen must all match the numbers drawn in order to win the $1 million jackpot.
How much do you keep if you win 100 million?
If you were to win $100 million, depending on the nature of your winnings and whether or not you claim your winnings in one lump sum or in annual installments, you would get to keep the full amount of your winnings after taxes free and clear.
Depending on the state in which you live, state taxes would be imposed on your winnings, however, because lottery winnings are considered taxable income, the federal government would impose an additional tax rate of 37% on any winnings over $524,000.
This means that depending on State taxes, the total amount of taxes taken out of the total winnings would most likely be around the 40% mark. That being said, you would generally still be able to keep around 60% of the $100 million winnings which would mean approximately $60 million in cash.
Is there a guaranteed way to win the Powerball?
No, there is no guaranteed way to win the Powerball. Winning the Powerball is a game of chance and the odds of winning are incredibly small. Your chances of winning the jackpot are 1 in 292,201,338. That means you have a better chance at becoming an astronaut, being struck by lightning, and being attacked by a shark all in the same day than winning the Powerball.
The only thing you can do to improve your chances of winning is to buy more tickets, however, that isn’t guaranteed to work either. And if you do happen to win the Powerball, you must be prepared to pay taxes on your winnings.
If you do decide to buy a Powerball ticket, make sure you read and understand the lottery rules carefully.
What does 2 numbers on Powerball get you?
Matching two numbers on Powerball can get you a prize. The amount of the prize depends on the numbers you match and the amount of your wager. If you match the two numbers plus the red Powerball number, you win the jackpot.
For matching just two numbers, the prize is typically between $4 and $100. Depending on the amount wagered, you could win more or less. The size of the jackpot largely determines the amount you can win.
Does Maryland allow anonymous lottery winners?
No, Maryland does not allow anonymous lottery winners. In Maryland, lottery winners must reveal their identity when claiming a prize over $600. This is because Maryland state law requires lottery winners to be identified when claiming any prize over $600 in order to prevent fraud and protect the integrity of the lottery system.
How can I hide my identity after winning the lottery?
There are a variety of ways to protect your identity after winning the lottery. The most important step is to set up a Trust or legal entity to collect your winnings. This trust can be anonymous and can help shield your identity.
Another good practice is to remain anonymous when purchasing the ticket. You can avoid having the ticket traced back to you by using a prepaid debit card or an online payment method when buying the ticket.
Once you have claimed your winnings, consult with a tax advisor or lawyer to ensure that your winnings are properly reported and that you are filed in a legal jurisdiction with the favorable tax laws.
You can also pursue tax benefits by setting up a charitable trust or by donating to a tax exempt charity. Additionally, you can seek the advice of a financial planner to help you manage your winnings prudently and to help protect your identity.
Lastly, you may establish a new identity with official documentation including a new driver’s license, passport, bank accounts and other identifying documents. Make sure to use an address and contact information that can not be traced back to you.
Which states allow lottery winners to remain anonymous?
The answer can vary depending on which state you are in. Generally speaking, there are a few states that allow lottery winners to remain anonymous: Delaware, Kansas, Maryland, North Dakota, Ohio, South Carolina, Texas and Virginia.
Additionally, some of these states (Delaware, Kansas, North Dakota, Ohio and Texas) have laws that can even prevent their names from being made public, unless an exemption or exception is made.
In these states, the winners are typically allowed to form a trust or LLC to receive and manage their winnings anonymously. However, they may still need to provide identifying information to collect their prize, such as their social security number or other relevant tax information.
Other states, such as California, also allow lottery winners to set up a trust or LLC to remain anonymous, but their name will still be released to the public. Additionally, many states allow lottery winners to remain anonymous only if their winnings are below a certain dollar amount (for example, in California, the limit is $600).
Finally, some states, such as Pennsylvania and New York, do not allow lottery winners to remain anonymous at all. In these states, the winners’ names, place of residence and the amount of their winnings are made public.
How long does it take to receive lottery winnings in Maryland?
In Maryland, it can take up to 30 days to receive your lottery winnings, once your claim is validated. The time is usually longer for larger prizes as they require extra processing time and paperwork.
After the claim is filed, the Maryland Lottery’s Claims Department will review the claim within 2-3 weeks and send notification of validation or rejection of the claim to the winner. If the claim is validated, the Lottery will mail a check to the address on the Lottery claim form or initiate an electronic transfer of the prize.
It can take 4-5 weeks or longer to receive the payment, depending on the prize and payment method.
Overall, it is recommended to patiently wait for up to 30 days from the time of claim validation to receive the winnings in Maryland. For more information, you can visit the Maryland Lottery’s website or speak to a local representative.
Can you stay anonymous if you win Mega Millions?
Yes, it is possible to remain anonymous if you win the Mega Millions jackpot. Depending on the state where the ticket was purchased, you may need to take additional steps to protect your identity and remain anonymous.
For example, some states allow winners to set up a trust in order to remain anonymous. Additionally, state laws generally allow a winner to elect to receive their winnings in the form of a lump sum or through an annuity pay-out.
This can provide another layer of anonymity if desired. It is important to note that if you choose the annuity option, then you may have to wait longer until you have access to your winnings.
Finally, you should consult with a tax expert to ensure that you meet all of your state and federal tax requirements while safeguarding your personal information. They can also provide advice on how you should handle the financial windfall and help ensure that you remain anonymous.
What’s the first thing you should do if you win the lottery?
If I won the lottery, the very first thing I would do would be to seek out qualified legal and financial advice. It’s important to have a trusted lawyer and financial advisor who can help me create a plan for how I will use my winnings moving forward.
They can also ensure that I remain compliant with all applicable taxes and other regulations. Once I have professional guidance, I can begin to research the options for how I want to manage my winnings.
Depending on what kind of lottery I won, I may decide to take a lump sum payout or a series of payments, for example. I may also want to make investments, open a trust fund, give to charity, or do any other number of things with my winnings.
Ultimately, it is important to be strategic and thoughtful about how I handle my windfall, to ensure that it continues to work for me until the day it is all gone.